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Strategies & Market Trends : Young and Older Folk Portfolio

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From: chowder1/10/2024 4:37:44 PM
2 Recommendations

Recommended By
agniv
Richard_IFI

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Today in the Older Folk Portfolio, I liquidated the position in TD. Price hasn't gone anywhere, the position was tying up over $100K with a yield a little over 3%. The position was only showing a capital gain of $1,000 and change. I wasn't getting enough bang for the buck when considering the amount of money invested and it's been held for several years.

In addition to this, they are under investigation here in the states for money laundering. It's not worth the uncertainty and lack of performance for me. I decided it was time to go.

I did however immediately spend a good bit of that cash on higher yielding assets and added to the following:

RYLD ... 12.73%
PHD ..... 12.04%
QYLD ... 11.72%
BGB ..... 10.66%
XYLD ... 10.45%
PTY ..... 10.44%
BGB ..... 9.85%
IGD ...... 9.47%
BTI ....... 9.34%
ETW ..... 8.90%
UTG ..... 8.33%
UPS ..... 4.03%
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